Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Suppose you are managing the inbound lane from one of you major suppliers. you want to set your own inventory policies but first need to

Suppose you are managing the inbound lane from one of you major suppliers. you want to set your own inventory policies but first need to determine the expected and standard deviation of demand over lead time.

DEMAND uD=568 units/day

Std dev of demand, ¤D=85.35

Expected transit time, uL=38 days

Std dev of transit time, ¤L=11.4

Step by Step Solution

3.51 Rating (168 Votes )

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Operations Management in the Supply Chain Decisions and Cases

Authors: Roger Schroeder, M. Johnny Rungtusanatham, Susan Goldstein

6th edition

73525243, 978-0073525242

More Books

Students also viewed these Accounting questions